Question: Requirement 1. What was the average issue price per common share? What is the average issue price per common share? Help me solve thisCalculator Clear

Requirement 1. What was the average issue price per common share?

What is the average issue price per common share?

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1.

What was the average issue price per common share?

2.

Journalize the issuance of

2 comma 6002,600

common shares at

$9.509.50

per share on January 10.

3.

How many

SeamoreSeamore

Ltd. common shares are now outstanding?

4.

On March 8,

SeamoreSeamore

Ltd. splits its common shares

22

for 1. How many common shares would be outstanding after the split?

5.

Ignore the prior transactions and return to the

SeamoreSeamore

Ltd. shareholders' equity information in Requirement 1, which shows

14 comma 00014,000

common shares issued.

a.

Journalize the following share repurchase transactions by

SeamoreSeamore

Ltd.

Mar. 8

SeamoreSeamore

Ltd. repurchases

900900

of its own shares at

$18.0018.00

per share.

Aug. 19

Seamore Ltd. repurchases

900900

of its own shares at

$5.505.50

per share.

b.

How many Seamore Ltd. common shares would be outstanding after the transactions in part (a) take place?

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